M&S Money slashes loan costs 35%

Marks & Spencer Money has announced that it is kicking off Christmas a few days early, slashing up to 35 per cent from the cost of its homeowner loan deals.

The new deals include a best rate of 6.4 per cent on loans of between £7,500 and £25,000, and are sure to push Marks and Spencer near the top of any compare loans table.

The reduced loan rates are available now, and will continue until February 28th. From December 27th Marks & Spencer will also be offering up to ten per cent off all insurance policies.

New applicants to the &More credit card will also receive double points for the first six months.

“This is our biggest ever sale, offering savings across a range of Marks & Spencer Money products,” said financial director David Mackay.

“People can take advantage of our reduced loan rates in the run up to Christmas or in the new year sales, and we will honour our insurance discounts for those who register their renewal details and come back to us later in the year,” he added.

© Adfero Ltd

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